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Skechers stock slips 23% on weak guidance

Shares of the footwear giant Skechers plummeted more than 20% in the extended hours of trading due to weak guidance.…

UnitedHealth might turn suitor for Tenet’s Conifer unit

UnitedHealth Group (UNH), a diversified healthcare company, has been named as a possible suitor in the sale of Tenet Healthcare’s…

A rather ungracious exit for Papa John’s founder

It's not easy to part ways with the company you founded. It's even harder when you have to leave the…

Comcast lets go of Fox; wants to pursue Sky

Comcast Corporation (CMCSA) decided to abandon its pursuit of 21st Century Fox (FOX), finally putting to rest all the speculations…

LIVE BLOG: Microsoft Q4 2018 earnings call

During the after-market hours, Microsoft stock is up 3.3% at 7:30 PM ET The company sees accelerating enterprise deployment of…

Alibaba deepens offline presence by investing in Focus Media

Alibaba (BABA) is not happy with its dominance in China’s digital ad industry; it is now working to expand its…

Tesla dips on cautious stance on Model 3 production

Tesla (TSLA) stock opened its trading in the red zone on Thursday and remained grounded as investors remained cautious about…

Microsoft missive on new Xbox hardware keeps everyone guessing

It’s been a long time since Microsoft (MSFT) provided updates on the Xbox hardware. Already excited over the company’s impressive…

Microsoft stock rises on upbeat Q4 earnings

Microsoft (MSFT) reported better-than-expected results for the fourth quarter 2018. Non-GAAP earnings of $1.13 per share on revenue of $30.08…

Move over, Apple! Amazon might be the first trillion-dollar company

Amazon.com Inc. (AMZN) is catching up fast with Apple Inc. (AAPL) in the race to reach $1 trillion in market…